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- Market
U.S. jobless claims shoot higher after Hurricane Ida, but still near pandemic low
The numbers: Applications for U.S. unemployment benefits rose in early September one week after falling to a pandemic low, but…
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Will high inflation kill the bull market in stocks? History says probably not
U.S. inflation didn’t run as hot as expected in August, but remains elevated and a source of worry for investors…
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California recall effort fails: Gov. Gavin Newsom to remain in office
SACRAMENTO, Calif. — California Gov. Gavin Newsom on Tuesday became the second governor in U.S. history to defeat a recall…
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California recall: Why Gov. Gavin Newsom could be removed, who else is running and what you need to know
California Democratic Gov. Gavin Newsom is facing a special recall election that could make him just the third governor in…
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Justice Amy Coney Barrett worries public sees Supreme Court as partisan
LOUISVILLE, Ky. — Supreme Court Justice Amy Coney Barrett expressed concerns Sunday that the public may increasingly see the court…
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Taper your pessimism — Fed’s actions won’t derail U.S. stocks, Barclays strategists say
When the Federal Reserve finally starts reducing bond purchases, U.S. stocks will still be able to maintain the momentum that…
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Dow sinks 140 points as data shows economy produced weaker-than-expected 235,000 jobs in August
U.S. stock indexes retreated Friday, after a report on monthly employment from the Labor Department came in far weaker than…
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Here’s the chart that shows what’s about to happen in the jobs market
The payrolls report released Friday came in far below estimates, and now shows total employment 5.3 million positions short of…
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Republican Liz Cheney gets No. 2 spot on House select committee probing pro-Trump Capitol siege
WASHINGTON (AP) — Select Committee Chairman Bennie Thompson of Mississippi has promoted Republican Rep. Liz Cheney to vice chairwoman of…
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Delta damage? Economy added lackluster 374,000 private jobs in August, ADP says
The numbers: Businesses in the U.S. created a lackluster 374,000 new jobs in August, a new ADP survey found, suggesting the…
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Mississippi highway collapse leaves 2 dead and at least 10 injured
LUCEDALE, Miss. (AP) — Two people were killed and at least 10 others were injured when their vehicles plunged into…
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Evacuation flights resume in Kabul after deadly bombings
KABUL, Afghanistan (AP) — Evacuation flights from Afghanistan resumed with new urgency on Friday, a day after two suicide bombings…
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Twin suicide bombings outside Kabul airport kill 13 and leave 15 wounded
KABUL, Afghanistan (AP) — Two suicide bombers and gunmen targeted crowds massing near the Kabul airport Thursday, in the waning…
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‘Death cross’ in 10-year Treasury yields signals that bond yields may plumb new depths and prices rally
A death cross in the benchmark 10-year Treasury note yield was taking shape Wednesday, forming a pattern in charts that…
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Nasdaq Composite rallies 1.3%, Dow up over 250 points as stock-market investors bet on dovish Fed
U.S. stock benchmarks posted solid gains Monday as investors appeared to wager that the Federal Reserve’s Chairman Jerome Powell will…
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The real significance of Afghanistan on markets may lie in how it’s shaped Fed succession battle
Trying to connect the events in Afghanistan to world financial markets hasn’t been easy. The Afghan economy, whether under the…
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The reflation trade is fading. Here’s what to avoid, and where to seek refuge, in commodities.
Slumbering markets seemed to have woken up this week, and not in a particularly good mood. It’s true that the…
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Biden White House tells states they can keep paying extra unemployment benefits with stimulus funds
The Biden White House on Thursday said states that want to provide extra jobless benefits to the unemployed beyond a…
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Police investigating report of explosive in truck near Capitol, area evacuated
WASHINGTON (AP) — Police were investigating a report Thursday of a possible explosive device in a pickup truck outside the…
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Here’s what Vanguard found to be the most potent inflation-fighting asset class
Not all inflation hedges are created equally. Investors certainly have been flocking to Treasury inflation-protected securities, or TIPS, with the…
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U.S. stock futures slip from record levels as Chinese data, Afghanistan situation take spotlight
U.S. stock futures declined on Monday, as weaker-than-forecast Chinese economic data cast a pall on market sentiment. What’s happening Futures…
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Official: Taliban negotiators head to presidential palace
KABUL, Afghanistan (AP) — An Afghan official tells The Associated Press that Taliban negotiators are heading to the presidential palace…
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U.S. unemployment claims fall to 375,000 and return near pandemic low as economy fends off delta variant
The numbers: New applications for U.S. unemployment benefits fell in early August to close to a pandemic low, signaling that…
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U.S. small business optimism retreats in July
The numbers: Small businesses in the United States in July lost almost all of their gains in confidence that had…
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Goldman downgrades China growth, citing delta variant’s spread
Goldman Sachs has cut its 2021 China growth forecast, citing the fast spread of the highly contagious delta variant of…
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‘Nowhere to run, nowhere to hide.’ UN climate report warns of ‘code red for humanity.’
Earth’s climate is getting so hot that temperatures in about a decade will probably blow past a level of warming…
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How workers quitting is a signal for economic recovery
Oftentimes, a sign of economic recovery is when people feel that it is okay to quit their job. And people…
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At least 10 passengers injured in a stabbing spree on a Tokyo train
TOKYO (AP) — A man with a knife stabbed at least 10 passengers on a commuter train in Tokyo on…
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U.S. creates 943,000 jobs in July and unemployment rate sinks to 5.4%
The numbers: The U.S. created a robust 943,000 jobs in July — the biggest gain in nearly a year — in…
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U.S. stocks edge higher as investors focus on jobs data
U.S. stock futures rose on Thursday, after data showed weekly jobless benefit claims fell slightly, as expected, and investors began…
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U.S. trade deficit jumps 6.7% to record high as imports surge
The numbers: The U.S. trade deficit climbed 6.7% in June to an all-time high, reflecting a big appetite among Americans…
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ADP says U.S. private sector added 330,000 jobs in July, well below expectations
The numbers: U.S. private-sector employment increased by 330,000 in July, according to the ADP National Employment report issued Wednesday. The…
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New York Gov. Cuomo sexually harassed multiple women, probe finds
An investigation into New York Gov. Andrew Cuomo found that he sexually harassed multiple current and former state government employees,…
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Simone Biles wins bronze medal after returning to competition at Tokyo Olympics
TOKYO (AP) — Simone Biles stuck the landing. The American gymnastics superstar won bronze during the balance beam final on…
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Simone Biles to return to competition on Tuesday
TOKYO (AP) — Simone Biles is returning to competition in Tokyo. The 2016 Olympic champion will compete in the balance…
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Dow futures climb nearly 200 points to kick off August trade
U.S. stock futures advanced on Monday, as investors eyed progress on an infrastructure bill, merger activity and a sign that…
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Senate unveils $1 trillion bipartisan infrastructure bill, vote expected within days
WASHINGTON — After much delay, senators unveiled a nearly $1 trillion bipartisan infrastructure package Sunday night, wrapping up days of painstaking work…
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MacKenzie Scott and Melinda French Gates join forces on $40 million donation to promote gender equality
An initiative from philanthropists Melinda French Gates, MacKenzie Scott and the family foundation of billionaire Lynn Schusterman awarded $40 million…
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Consumers boost spending in June and spearhead U.S. economic recovery
The numbers: Freed from most Covid restrictions Americans spent liberally in June on travel, vacations and other services they shunned…
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The U.S. grew at a 6.5% rate in the spring, GDP shows, as economy rallied from Covid
The numbers: The U.S. grew at a blistering pace in the spring and repaired much of the damage caused by…
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The pandemic recession lasted two months and was shortest on record, economic panel says
WASHINGTON (AP) — It hit like a derailed train, was hugely destructive but short-lived. The recession that broke out with…
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European stocks and U.S. futures rebound after worst rout in months
European stocks rose and U.S. futures gained ground on Tuesday, setting a partial recovery after the worst session in the…
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American Academy of Pediatrics urges universal masking in schools for everyone ages 2 and up — whether vaccinated or not
Parents should probably add fresh face masks to their back-to-school shopping lists — even if their kids are vaccinated against…
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Dow skids 600 points lower as spread of delta variant rattles Wall Street
Stocks opened sharply lower Monday, with concerns about the global spread of the delta variant of the coronavirus that causes…
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Why many people who make over $100,000 will likely continue to work from home
As the economy continues to reopen and recover from the coronavirus pandemic, the debate over remote work vs. in-office work…
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Megacap tech stocks have been on a roll. Why they could thrive even if interest rates turn higher again.
The megacap technology stocks have been outperforming the broader market of late. The NYSE FANG+ index NYFANG, -1.79% — which…
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U.S. unemployment claims drop to new pandemic low of 360,000
The numbers: New applications for unemployment benefits fell last week to a new pandemic low, as companies sought to hire…
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Senate Democrats announce $3.5 trillion budget agreement
WASHINGTON — Senate Democrats announced Tuesday that they have reached a budget agreement among themselves that envisions spending an enormous…
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U.S. wholesale inventories surge in May as businesses rush to keep up with strong sales
Inventories at U.S. wholesalers rose a sharp 1.3% in May as businesses rushed to keep up with a flood of…
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Biden fires Trump-era head of Social Security after he refuses to resign
WASHINGTON (AP) — President Joe Biden on Friday fired the commissioner of Social Security after the official refused to resign,…
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